Today we will analyze the stock BARRICK GOLD CORP (ABX.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in BARRICK GOLD CORP (ABX.BA)
1- Last bullish trend was from 224.60 $ (3/13/2012) to 231.90 $ (4/10/2012) a 7.30 $ move 2- The current bearish trend started from 231.90 $ at 4/10/2012 and is currently trading at 210.00 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
BARRICK GOLD CORP (ABX.BA) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 22.450 $ height triangle which was broken down at 210.000, target of the pattern is 187.550.
BARRICK GOLD CORP (ABX.BA) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 212.900 and 228.000,resistance between 235.350 and 252.000, the stock channel is currently supported from below by 203.085 and resisted from above by 232.267.
BARRICK GOLD CORP (ABX.BA) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 61.750 $ height triangle which was broken down at 210.000, target of the pattern is 148.250.

Stock Trading Conclusion:
BARRICK GOLD CORP (ABX.BA) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 215.17, 218.37, 220.95, 223.05, 223.53, 228.11, 231.90.
Stock Support levels : 187.55,.